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Industry Overview

The global automotive market is a significant industrial market on an international scale and is undergoing continuous change with electrification, digitalization, and new mobility solutions taking center stage. As per OICA, production of vehicles worldwide in 2023 amounted to 93,546,599 units, including 67,133,570 passenger cars and 26,413,029 commercial vehicles. Total production in 2024 was 92,504,338 units. This large market has various subcategories, such as aftermarket, automotive logistics, automotive materials, automotive parts, automotive services, automotive technology, marine, mobility, and railways, which cater to the vital needs in vehicle production, maintenance, transport infrastructure, and new mobility solutions.

The aftermarket market illustrates remarkable growth potential, with the automotive aftermarket industry worth USD 922 billion in 2023 and projected to rise at a 12.6% CAGR from 2024 to 2032 due to the growing need for maintenance and routine service needs to extend aging vehicle lifetimes. Digitalization of aftermarket operations displays impressive growth, with the e-commerce auto aftermarket being worth approximately USD 223.93 billion in 2023 and projected to record a CAGR of more than 13.24% from 2024 to 2032, driven by customer need for convenience and affordability. Aiding specialized segments showcases robust growth, such as the remanufactured vehicle components market worth USD 69.8 billion in 2024, forecasted to achieve a 7.4% CAGR from 2025 to 2034, owing to sustainability efforts and cost-effective substitutes.

Market drivers of importance are a rising parc age of vehicles demanding improved maintenance services, electric and autonomous vehicle innovations, and higher focus on sustainability by means of circular economy principles. The industry is complemented by digital platform implementation, enhanced logistics capacity, and real-time inventory management systems to further customer experience. Newer manufacturing processes, vehicle-connected technologies, and mobility-as-a-service paradigms continue to transform automotive ecosystems and consumer interaction for all automotive subcategories.

Key Markets We Cover

Comprehensive regional analysis and key technology sectors driving innovation worldwide

Automotive Technology

Our Automotive Technology collection features 75+ reports on the technologies transforming vehicle design, manufacturing, and operation. We track electrification, automation, connectivity, and digital manufacturing across the automotive value chain.

Aftermarket

Our Aftermarket portfolio includes 65+ reports analyzing the maintenance, repair, and enhancement of vehicles after initial sale. We track replacement parts, service providers, and digital aftermarket platforms across passenger and commercial vehicle segments.

Mobility

Our Mobility reports provide detailed analysis of the evolving landscape of transportation services. With 55+ dedicated reports, we cover ride-hailing, car-sharing, subscription services, and integrated mobility platforms across urban and suburban environments.

Automotive Parts

Our Automotive Parts portfolio includes 85+ reports on the components and systems that comprise modern vehicles. We track everything from powertrain components to interior systems across passenger and commercial vehicle applications.

Automotive Logistics

Our Automotive Logistics reports provide detailed analysis of the supply chain networks supporting vehicle manufacturing and distribution. With 45+ dedicated reports, we cover inbound logistics, finished vehicle logistics, and aftermarket parts distribution across global markets.

Railways

Our Railways collection features 35+ reports on rail transportation systems, equipment, and services. We analyze rolling stock, infrastructure, signaling, and operations across passenger and freight applications.

Automotive Services

Our Automotive Services reports analyze the services supporting vehicle ownership and operation. With 50+ specialized reports, we cover financing, insurance, maintenance, and digital services across the vehicle lifecycle.

Automotive Materials

Our Automotive Materials collection features 55+ reports on the materials used in vehicle manufacturing. We analyze metals, polymers, composites, and specialty materials across structural, powertrain, and interior applications.

Marine

Our Marine portfolio includes 40+ reports on vessels, equipment, and services for maritime transportation and recreation. We track commercial shipping, recreational boating, and specialized marine applications across global markets.

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